Decree-Law aims to consolidate the country’s position as a major attraction for foreign direct investment
HE Saeed Mohammed Al Tayer, MD & CEO of DEWA and Founder and Chairman of WETEX, commended the efforts of partners from the public and private sectors, and sponsors of the 20th WETEX from around the world. He also commended the media for their effective role in supporting the vision and mission of the exhibition.
The countdown has begun for the 21st edition of the world’s leading security, safety, and fire protection trade show in Dubai, with global suppliers zooming in on a Middle East market that is estimated to more than double in value over the next six years.
The issue of potable water scarcity around the world has led several companies operating in this sector to invest in research using new technologies for water production and storage, limiting water wastage and rationalising consumption. Global research and development efforts have led to a qualitative shift in water desalination, reducing costs, wastewater treatment, and introducing alternative clean energy sources to desalinate water, such as solar power and other innovative technologies.
Swiss-based ABB has won an order worth more than $90 million from Dubai Electricity and Water Authority (DEWA) to build a substation that will integrate solar power from upcoming phases of the Mohammed bin Rashid Al Maktoum solar park into the city’s electrical grid.
Russia is planning to create a health care industry cluster as well as a food cluster in Khalifa Industrial Zone Abu Dhabi (Kizad) as part of an agreement reached with Abu Dhabi Ports last month, Dr Igor Egorov, the founder and honorary chairman of Russian Business Council in the UAE, told Gulf News.
Region’s largest trade venue welcomes 3.3 million delegates and attendees, up 9% on previous year. Dubai World Trade Centre Authority (DWTCA) has announced its 2017 results, which overshot the 3 million visitor milestone for the second consecutive year.
World Water Day, which is annually celebrated all around the world on 22nd March, is an ideal opportunity to raise awareness about water issues and challenges, and to inspire the public to make a difference and manage water resources sustainably. This is especially important now, in light of the worsening global water security situation and steady population growth. Today, over 663 million people live without water supplies close to their homes. They either spend countless hours or travel long distances to get water, or even face the negative health impacts of using contaminated water.
The world’s largest single site solar park will also feature the world’s tallest energy tower and largest thermal energy storage capacity. The fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park will feature the world’s tallest solar energy tower, according to officials, helping provide clean energy to more than 270,000 residences. The 260-metre tower will help the project generate 700 MW of clean energy, which will help reduce carbon emissions by 1.4 million tonnes each year.